Common use of Sublease Consent Clause in Contracts

Sublease Consent. Lessee shall not, without the prior written consent of Lessor (which shall not be unreasonably withheld), (i) advertise that any portion of the Leased Premises is available for lease, (ii) assign, sublease, or encumber this Lease or any estate or interest herein, whether directly or by operation of law, (iii) permit any other entity to become Lessee hereunder by merger, consolidation, or other reorganization, (iv) sublet any portion of the Leased Premises, (v) grant any license, concession, or other right of occupancy of any portion of the Leased Premises, or (vi) permit the use of the Leased Premises by any parties other than Lessee (any of the events listed in clauses (ii) through (vi) being a "Sublease"). If Lessee requests Lessor's consent to a Sublease, -------- then Lessee shall provide Lessor with a written description of all terms and conditions of the proposed Sublease, copies of the proposed documentation, and the following information about the proposed sublease: name and address; reasonably satisfactory information about its business and business history; its proposed use of the Leased Premises; banking, financial, and other credit information; and general references sufficient to enable Lessor to determine the proposed sublessee's credit worthiness and character. Lessee shall reimburse Lessor for its attorneys' fees and other expenses incurred in connection with considering any request for its consent to a Sublease. If Lessor consents to a proposed Sublease, then the proposed sublessee shall deliver to Lessor a written agreement whereby it expressly assumes the Lessee's obligations hereunder; however, any sublessee of less than all of the space in the Leased Premises shall be liable only for obligations under this Lease that are properly allocable to the space subject to the Sublease, and only to the extent of the rent it has agreed to pay Lessee therefor. Lessor's consent to a Sublease shall not release Lessee from performing its obligations under this Lease, but rather Lessee and its sublessee shall be jointly and severally liable therefor. Lessor's consent to any Sublease shall not waive Lessor's rights as to any subsequent Subleases. If an Event of Default occurs while the Leased Premises or any part thereof are subject to a Sublease, then Lessor, in addition to its other remedies, may collect directly from such sublessee all rents becoming due to Lessee and apply such rents against rent. Lessee authorizes its sublessees to make payments of rent directly to Lessor upon receipt of notice from Lessor to do so.

Sublease Consent. Lessee shall not, without the prior written consent of Lessor (which shall not be unreasonably withheldLessor may grant or deny in its sole discretion), (i) advertise that any portion of the Leased Premises is available for lease, (ii) assign, sublease, or encumber this Lease or any estate or interest herein, whether directly or by operation of law, (iii) sublet any portion of the Leased Premises, (iv) permit any other entity to become Lessee hereunder by merger, consolidation, or other reorganization, (ivv) sublet any portion if Lessee is an entity other than a corporation whose stock is publicly traded, permit the transfer of an ownership interest in Lessee so as to result in a change in the Leased Premisescurrent control of Lessee, (vvi) grant any license, concession, or other right of occupancy of any portion of the Leased Premises, or (vivii) permit the use of the Leased Premises by any parties other than Lessee (any of the events listed in clauses (ii) through (vivii) being a "“Sublease"”). If Lessee requests Lessor's ’s consent to a Sublease, -------- then Lessee shall provide Lessor with a written description of all terms and conditions of the proposed Sublease, copies of the proposed documentation, and the following information about the proposed sublease: name and address; reasonably satisfactory information about its business and business history; its proposed use of the Leased Premises; banking, financial, and other credit information; and general references sufficient to enable Lessor to determine the proposed sublessee's ’s credit worthiness and character. Lessee shall reimburse Lessor for its reasonable attorneys' ’ fees and other expenses incurred in connection with considering any request for its consent to a Sublease. If Lessor consents to a proposed Sublease, then the proposed sublessee shall deliver to Lessor a written agreement whereby it expressly assumes the Lessee's ’s obligations hereunder; however, any sublessee of less than all of the space in the Leased Premises shall be liable only for obligations under this Lease that are properly allocable to the space subject to the Sublease, and only to the extent of the rent it has agreed to pay Lessee therefor. Lessor's ’s consent to a Sublease shall not release Lessee from performing its obligations under this Lease, but rather Lessee and its sublessee shall be jointly and severally severalty liable therefor. Lessor's ’s consent to any Sublease shall not waive Lessor's ’s rights as to any subsequent Subleases. If an Event of Default occurs while the Leased Premises or any part thereof are subject to a Sublease, then Lessor, in addition to its other remedies, may collect directly from such sublessee all rents becoming due to Lessee and apply such rents against rent. Lessee authorizes its sublessees to make payments of rent directly to Lessor upon receipt of notice from Lessor to do so.

Sublease Consent. Lessee shall not, without the prior written consent of Lessor (which shall not be unreasonably withheldLessor may grant or deny in its sole discretion), (i) advertise that any portion of the Leased Premises is available for lease, (ii) assign, sublease, or encumber this Lease or any estate or interest herein, whether directly or by operation of law, (iii) permit any other entity to become Lessee hereunder by merger, consolidation, or other reorganization, (iv) sublet any portion of the Leased Premises, (viv) grant any license, concession, or other right of occupancy of any portion of the Leased Premises, or (viv) permit the use of the Leased Premises by any parties other than Lessee (any of the events listed in clauses (ii) through (viv) being a "Sublease"). If Lessee requests Lessor's consent to a Sublease, -------- then Lessee shall provide Lessor with a written description of all terms and conditions of the proposed Sublease, copies of the proposed documentation, and the following information about the proposed sublease: name and address; reasonably satisfactory information about its business and business history; its proposed use of the Leased Premises; banking, financial, and other credit information; and general references sufficient to enable Lessor to determine the proposed sublessee's credit worthiness and character. Lessee shall reimburse Lessor for its reasonable attorneys' fees and other reasonable expenses incurred in connection with considering any request for its consent to a Sublease. If Lessor consents to a proposed Sublease, then the proposed sublessee shall deliver to Lessor a written agreement whereby it expressly assumes the Lessee's obligations hereunder; however, any sublessee of less than all of the space in the Leased Premises shall be liable only for obligations under this Lease that are properly allocable to the space subject to the Sublease, and only to the extent of the rent it has agreed to pay Lessee therefor. Lessor's consent Upon the approval by Lessor of any such Sublease of all of the Leased Premises to a Sublease third party unaffiliated with Lessee and the actual subletting thereof by Lessee, Lessee shall not release Lessee from performing its be released of all liability and obligations under this Lease for obligations arising or due subsequent to the effective date of such Sublease for any act, occurrence or omission relating to the Leased Premises or this Lease, but rather Lessee and its sublessee shall be jointly and severally liable therefor. Lessor's consent to any Sublease shall not waive Lessor's rights as to any subsequent Subleases. If an Event of Default occurs while the Leased Premises or any part thereof are subject to a Sublease, then Lessor, in addition to its other remedies, may collect directly from such sublessee all rents becoming due to Lessee and apply such rents against rent. Lessee authorizes its sublessees to make payments of rent directly to Lessor upon receipt of notice from Lessor to do so. To the extent that any such Sublease may provide for rents in excess of the rental rate then in effect for the Leased Premises, then Lessee and Lessor shall divide and share such excess rental on a 50 - 50 basis.